6-4663-Letcher County-FEMA Buyouts-Title RFP-Round 11.pdf
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- Solicitation number
- Title Round 11
- Issued by
- Larue County, Kentucky
About this file
This is an Invitation for Bid (IFB) issued by Letcher County, Kentucky, for title work and closing services in support of the 2022 Federal Emergency Management Agency (FEMA) Home Buyout Program. Letcher County is seeking to contract with a qualified legal firm or title company to complete a title search (title opinion) and closing services for one property participating in the program. The scope of work includes title searches and closing services for a single buyout property. Bids must be submitted through the DFS Procurement Portal at dfs.bonfirehub.com/portal no later than April 16, 2026, at 9:00 AM ET. Bids will be opened on April 16, 2026, at 10:00 AM ET at the Letcher County Judge Executive's Office. Award is scheduled to occur at the Fiscal Court meeting on April 20, 2026, at 10:00 AM ET. Prospective bidders must submit copies of necessary licensing and certifications with their bids.
The county specifies that title insurance premiums, recording fees, and transfer taxes are pass-through costs only and will not be considered part of the bid evaluation. Title insurance is priced at $4.75 per $1,000 of coverage up to $100,000 (with a minimum fee of $238.00 for up to $50,000 in coverage), plus an additional $3.75 per $1,000 for coverage between $100,001 and $500,000, plus applicable taxes if located within city limits. The county reserves the right to accept or reject any or all bids, negotiate with respondents, and award the contract to the firm whose offer is most advantageous to Letcher County's interests. Awards will be made per property with no guarantee of work quantity, as structures may fall out of the program, be awarded to other contractors to meet state deadlines, or be purchased through alternate programs. Multiple firms may be used if necessary to meet scheduling requirements. The county actively encourages submissions from women, minority, and veteran-owned businesses.
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Text version
INVITATION FOR BID
TITLE WORK & CLOSING SERVICES
Letcher County is seeking to contract with a qualified legal firm or title company to complete a title search (title opinion) and closing services for one (1) property participating in the 2022 Federal Emergency Management Agency (FEMA) Home Buyout Program.
Services to be provided include title work and closing services for a buyout property.
Please note:
● The following three items will be pass-through only.
Title Insurance Premium
PASS-THROUGH ONLY of Title Insurance Costs $4.75 per $1,000, up to $100,000.00 in coverage, with a minimum fee of $238.00 for up to $50,000 in coverage. Plus an additional $3.75 per $1,000 for $100,001 to $500,000 in coverage. Plus any applicable taxes if in city limits.
Recording Fees PASS-THROUGH ONLY (Letcher County)
Transfer Tax PASS-THROUGH ONLY (Letcher County)
4663 Letcher County Title Services IFB - F - 11 1/2
Submission:
● Bids and all required forms shall be submitted through the DFS Procurement Portal at dfs.bonfirehub.com/portal no later than April 16th, 2026, at 9:00 AM ET. Submissions received after the due date and time will be considered non-responsive and will not be considered.
● Bids will be opened on April 16th, 2026 10:00 a.m. ET at the Letcher County Judge Executive's Office.
● Award will occur at the Fiscal Court meeting scheduled for April 20th, 2026 at 10:00 AM
ET.
● Questions regarding bids should be submitted in the procurement portal. For questions regarding procurement portal navigation, email: procurement@erassist.com.
● Required documents for submission:
○ Copy of necessary licensing and certifications
Awards will be made per property. There is no guarantee of the quantity of work. Structures may fall out of the program, be awarded to another contractor to meet state deadline requirements, or be purchased through another program. Multiple firms may be used if needed to meet the scheduling needs of the county.
The County reserves the right to accept or reject any or all bids and negotiate with any and all individuals or firms that submit bids. The right is also reserved to waive any minor irregularities and to award the bid to the respondent whose offer is most advantageous to and in the best interests of Letcher County.
Letcher County is an Equal Opportunity Employer. All companies, including women, minority, and veteran owned businesses are encouraged to submit a bid.
4663 Letcher County Title Services IFB - F - 11 2/2 http://dfs.bonfirehub.com/portal mailto:procurement@erassist.com
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